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Distributed Ledger Technologies in Supply Chain Security Management: A Comprehensive Survey
- Source :
- IEEE Transactions on Engineering Management. 70:713-739
- Publication Year :
- 2023
- Publisher :
- Institute of Electrical and Electronics Engineers (IEEE), 2023.
-
Abstract
- Supply-chains (SC) present performance bottlenecks that contribute to a high level of costs, infiltration of product quality, and impact productivity. Examples of such inhibitors include the bullwhip effect, new product lines, high inventory, and restrictive data flows. These bottlenecks can force manufacturers to source more raw materials and increase production significantly. Also, restrictive data flow in a complex global SC network generally slows down the movement of goods and services. The use of Distributed Ledger Technologies (DLT) in supply chain management (SCM) demonstrates the potentials to to reduce these bottlenecks through transparency, decentralization, and optimizations in data management. These technologies promise to enhance the trustworthiness of entities within the supply chain, ensure the accuracy of data-driven operations, and enable existing SCM processes to migrate from a linear to a fully circular economy. This paper presents a comprehensive review of 111 articles published in the public domain in the use and efficacy of DLT in SC. It acts as a roadmap for current and future researchers who focus on SC Security Management to better understand the integration of digital technologies such as DLT. We clustered these articles using standard descriptors linked to trustworthiness, namely, immutability, transparency, traceability, and integrity.
- Subjects :
- HD
QA75
Traceability
business.industry
Computer science
TK
Strategy and Management
Data management
Supply chain
05 social sciences
Risk analysis (engineering)
Bullwhip effect
Transparency (graphic)
0502 economics and business
New product development
Security management
Supply chain security
Electrical and Electronic Engineering
business
050203 business & management
Subjects
Details
- ISSN :
- 15580040 and 00189391
- Volume :
- 70
- Database :
- OpenAIRE
- Journal :
- IEEE Transactions on Engineering Management
- Accession number :
- edsair.doi.dedup.....d9c4373c12678f58dc18ed572c220105
- Full Text :
- https://doi.org/10.1109/tem.2021.3053655